Listing ID: 66580

Business Overview

Price Reduced
Due to family health concerns, this business is priced aggressively to sell given it’s over 20-year history and well-established trademarked brand on Amazon. The business is poised for growth with the pursuit of the many opportunities the current owner’s personal circumstances has precluded him from implementing.

Overview
This is a family owned and operated business selling appliance parts and door hardware online on Amazon in both the US and Canadian markets. With high Amazon Seller and Product ratings as well as having received Amazon’s Top Choice Award for some of its most popular items, the company has built a strong Amazon presence.

The company currently imports goods in bulk from its US supplier to its homebased location in Canada where products are labelled and packaged in-house. The items are then shipped to both the US and Canadian Amazon FBA warehouses. The opportunity is readily available with the US supplier to label, package and ship products directly to Amazon US allowing a new owner to streamline operations.

Key Benefits
• Established and trusted online brand in appliance parts and door hardware
• Demand is greater than the company currently can facilitate
• Access to a niche market with high demand and relatively low competition
• Supply chain and inventory management can be improved for fruitful returns
• Opportunity with US supplier to label, package and ship products directly to Amazon US allowing a new owner to streamline operations
• Thousands of products the supplier has to offer that can be added to the catalog with ease
• Access to other suppliers in the US and Canada

Financial

  • Asking Price: $650,000
  • Cash Flow: $199,573
  • Gross Revenue: $1,112,808
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1994

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Based

Is Support & Training Included:

Yes

Purpose For Selling:

Pursue Other Interests

Pros and Cons:

The company’s competitive advantages include its strong presence and ability to compete in the Canadian market as well as its strong customer reviews/ratings.

Opportunities and Growth:

With the established foundation and success of this business to-date, the brand is poised for the next level of growth. Some strategies for future growth include add more products from existing suppliers, work with supplier to ship inventory directly from supplier to Amazon FBA, expand to other Amazon countries, etc.

Home Based:

This Business Is Home Based

Additional Info

The venture was started in 1994, making the business 28 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell businesses. Nevertheless, the genuine reason and the one they say to you may be 2 absolutely different things. As an example, they might claim "I have too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these might simply be reasons to try to conceal the reality of changing demographics, increased competitors, recent reduction in revenues, or a range of various other factors. This is why it is very vital that you not depend entirely on a vendor's word, but instead, utilize the seller's solution together with your total due diligence. This will repaint an extra sensible image of the business's present situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses finance loans in order to cover items such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can indicate that revenue margins are too small. Lots of companies come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that need to be satisfied or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area draw in brand-new consumers? Many times, companies have repeat clients, which create the core of their day-to-day revenues. Particular elements such as brand-new competition growing up around the area, roadway construction, as well as employee turnover can impact repeat consumers and negatively affect future incomes. One vital thing to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Obviously, the more individuals that see the business regularly, the higher the opportunity to build a returning consumer base. A final thought is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood average family earnings impact future income prospects?